• Apollo2323@lemmy.dbzer0.com
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    1 year ago

    Companies such as Fidelity give an estimate on how much they are value after analyzing the finances of the company I think.

    • BritishDuffer@lemmy.world
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      1 year ago

      Fidelity does this because they invested in Twitter alongside Musk, and as a bank they are required by law to disclose the current value of their assets. They come up with a value of their stake, then the rest of us divide that by the percentage Fidelity owns to get the value of the company.